Question: the answer for the first one is not 118 Stiles Corporation uses the FIFO cost flow assumption and is in the process of applying the

the answer for the first one is not 118
the answer for the first one is not 118 Stiles Corporation uses

Stiles Corporation uses the FIFO cost flow assumption and is in the process of applying the LCNRV rule for each of two products in its ending inventory. A profit margin of 30% on the selling price is considered normal for each product. Specific data for each product are as follows: Required: What is the correct inventory value for each product? Product A per unit Product B per unit

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